Home Warranty Helps You Sell and Avoids Future Problems
Avoid problems that could arise with the major systems of the house once it’s sold.
We Buy Maryland Houses Fast – Baltimore MD: There are several ways to attract home buyers and one of the best is to offer a home warranty with the sale of the house. A home warranty is the best way to protect the new homeowner and you as the seller from unforeseen trouble that is bound to happen in any home. No matter how well you have kept up your home and maintenance concerns everything mechanical and otherwise has a limited life and will break down. If it happens shortly after the sale, or within the first year or so, you could have trouble if the homebuyer must call you to take care of it.
Being called back on a home you sold and have moved on to your new life can be disturbing. If you have moved on to a new state of residence and a new job your family is getting settled and you aren’t likely to do much looking backwards to where you used to live. If the new owner, however, finds that the heat doesn’t work as winter sets in he or she will be, understandably, upset. You will get a phone call when he finds out that it will cost him $1500 to get it fixed. Buying a home warranty that covers such items will eliminate the need for the buyer to call you as the warranty company will instruct them on how to proceed with the repairs or replacement.
Buying a home warranty for a few hundred dollars is smart and can
save you much money and hassle in the long run.
In some states you could be held liable for the repairs. The unexpected expense if you must repair or replace a critical item can be a shock but it’s cheaper than being sued. By purchasing a home warranty for the buyer you will be eliminating the possibility that this will occur. You can buy a policy that provides insurance against such breakdowns and will take care of the problem as agreed to in their service contract.
You can buy different levels of coverage. Buy the best you can afford. Make sure you understand what you are buying and what is covered in the policy. Shop around to see who can offer you the best price for the most coverage. It’s insurance and should be shopped for just as you would an auto insurance policy or life insurance. Prices vary and coverage varies, too. Consider the price of the warranty to be part of your marketing expense, and don’t forget to use it as a good reason to buy your house.
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To see if your house would qualify for our fast home purchase program, please complete our confidential home seller questionnaire on our website at CityHomeBuyers.net |
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